Valens Equity Weekly Insights and Inflections for July 17, 2019

July 17, 2019

Most Compelling Long Ideas

Most Compelling ECF™ Inflections

Company Specific Highlights & Insights:

Aggregate ECF™ Trend Analysis:
Management confidence levels appear to be gaining positive momentum, particularly in the last several months; breaking off their stationary trend for two years. The ratio has consistently remained above 2016-2017 levels, pointing to management teams growing more confident about investing. In particular, this has been signified by a sustained rise in highly confident markers, as opposed to a decline in management concern, pointing to renewed optimism.